Prime Minister Boris Johnson has announced that the HS2 high-speed rail link will go-ahead, with the first phase of the route travelling between London and Birmingham, with a second phase going to Manchester and Leeds.
The HS2 aims to improve transport times, increase capacity, create jobs and re-balance the UK’s economy while North-East businesses say the scheme will help boost the Northern economy.
Once it is built, journeys will be shorter; London to Birmingham travel times will be cut from 1 hour and 21 minutes to just 52 minutes. Furthermore, while it is being built, it is expected to create thousands of jobs and provide a stimulus to economic growth.
Boost Northern Economy
The go-ahead of the HS2 high-speed rail link is expected to encourage more businesses from the South to re-locate to the North, as the easier and now faster long-distance journeys will further highlight the available investment opportunities in the North, further boosting the Northern economy.
Improved Transport Infrastructure
The Government has already committed to building parts of the Northern Powerhouse Rail, which would connect Liverpool directly with Manchester and Leeds. As well as building a high-speed line between the major UK cities. This would mean more space on the existing lines for commuter services.
Furthermore, the Northern Powerhouse Rail has been designed to connect with HS2 – in places it uses part of the HS2 track, and it relies on stations being upgraded in the way they would be under the HS2 plans, boosting the North’s infrastructure.
Boris Johnson has also promised a £5 billion investment into bus and bicycles. Consequently, this drastically improved transport infrastructure is expected to see more people moving up from the South to the North.